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Double Or Nothing Strategy For Poker
The newest and growing-in-popularity fad in poker tournaments is a double or nothing tournament. Therefore, it's important to know a double or nothing strategy for poker if one hopes to play well at such a tournament. These tournaments, by the way, consists of a 10 person contest that pays the last five persons in the tournament double the amount they paid to buy in.
The first thing to do when it comes to preparing to play double or nothing is too check out who your competition is going to be. You want to try to avoid a table where there are a number of regulars, because there are usually two different ways of playing a double or nothing poker tournament; one against regulars and one against random players.
Most poker experts say that you should have enough buy-in chips backing you to play your game comfortably. For the most part, most professional players start with 40 buy-ins in a typical $10 tournament. Recreational layers usually will start with 20 buy-ins. As an example, in a typical $10 tournament you will need to start your equity at $10 and if you double you'll be looking at $15. 55.
As far as strategy goes, most beginners should take care to remember that if they are near to the dealer -- meaning in an early position -- they should not open unless they have a big pair or at least the Ace and King. These are considered the minimum hands to have when located that near to the early open positions.
Later positions can scale their openers down accordingly. Keep the following pieces of advice in mind when playing in a double or nothing tournament: Don't call a push if you have what is called fold equity after a hand. You will need to be at least an 80% odds-favorite just to break even when you have fold equity.
As you move through the tournament, keep in mind that in the early stages you want to play in a very tight manner. The middle stages of the tournament will require that you watch your stack and try to keep it from going down too much. In the end or later stages try to avoid going out on any bubble. At a minimum, know what your buy-ins will be and what to do if you're left with just fold equity.
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